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Cafe Coffee Day Shuts 280 More Outlets In April-June
Cafe Coffee Day (CCD) has closed down around 280 outlets in the first quarter of the current financial year 2020-21, the company said in a statement citing profitability issues and likely future increase in expenses. With these closures, the total count ...
Coffee Day Defaults Interest Payments On Debt
On Thursday, Coffee Day Enterprises Limited in a stock exchange filing said that it has defaulted payments of interest on its total debt worth Rs 489.48 crore. On "loans or revolving facilities like cash credit from banks or financial institutions" worth ...
Coffee Day Shares Jump On Reports Of Stake Sale, Reduced Debt
Shares of Coffee Day Enterprises Ltd jumped 4.94 percent on Monday to trade at Rs 65.80 apiece. The gain comes after an Economic Times report, citing unnamed sources, said that the promoters of the Bengaluru-based group are planning to restart talks ...
Coffee Day’s Board Announces Interim Chairman And CEO
Following the confirmation of death of its founder VG Siddhartha, Coffee Day Enterprises Ltd, on Wednesday, appointed SV Ranganath as the company's interim chairman. Further, Nitin Bagmane was named the company's interim chief operating officer. While Ranganath has been serving as ...
CCD Was Looking At Stake Sale As Debt Mounted: Report
Death of the founder of Cafe Coffee Day, VG Siddartha, was confirmed on Wednesday morning by Mangaluru Police Commissioner Sandeep Patil. His body was found by local fishermen at the backwaters of river Netravati. On Tuesday, after reports of his missing, ...
CCD Shares Fall 20% After VG Siddartha Goes Missing
Cafe Coffee Day (CCD) shares cracked a steep 20% after its founder VG Siddartha who also happens to the son-in-law of the former Karnataka Chief Minister SM Krishna goes missing. The shares were locked at the lower end of the circuit ...
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